Why the imminent global economic slowdown is a growth opportunity for Indian IT services firms

Anand J

India’s $180 billion information technology (IT) services industry could stand to reap significant benefits from an imminent ....

30 September, 2019

Manhattan Associates opens new office in Bengaluru, to hire 200 employees

Anand J

Supply chain software firm Manhattan Associates has opened a new office in Bengaluru.  The company will hire up to 200 ....

20 September, 2019
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Will the next wave of Global In-house Centres in India come from Latin America?

Vignesh Ananthraj

The landscape for Global In-house Centres (GICs) within India has undergone a massive metamorphosis. What started out as low-cost ....

3 May, 2019

ShopClues raises $16 mn from GIC, others

Payal Ganguly

Clues Network Pvt. Ltd, which operates online marketplace ShopClues has raised Rs 110 crore (about $16 million) in fresh capital ....

10 August, 2018

Fintech startup SMEcorner raises $7 mn in fresh round of funding

Keshav Sunkara & Bruhadeeswaran R

DigiKredit Finance Pvt. Ltd, which operates digital lending platform SMEcorner, has raised $7 million (Rs 47.5 crore) in an investment ....

19 June, 2018

Can local services marketplace Sulekha's pivot help it turn a profit?

Anand J

Sulekha.com, a digital classifieds platform for local services, expects to post an operating profit for 2017-18 after racking ....

30 March, 2018
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ShopClues investors rally behind Radhika and Sanjay in battle against Sandeep Aggarwal

Manu P Toms

ShopClues investors have rallied behind the firm's management led by Radhika Aggarwal and Sanjay Sethi in their showdown with ....

14 March, 2017

Flipkart suffers yet another valuation markdown

Binu Paul

Just when Flipkart Internet Pvt. Ltd was consolidating its position under the new CEO Kalyan Krishnamurthy, a fresh bout of valuation ....

3 March, 2017

Morgan Stanley trims Flipkart valuation to $5.39 bn

Binu Paul

Indian e-commerce firm Flipkart has suffered its second markdown in as many months with a mutual fund managed by Morgan Stanley ....

28 February, 2017

ShopClues appoints former Zopper, Reliance execs to lead marketing, HR

Disha Sharma

E-commerce firm ShopClues has appointed Zopper executive Harneet Singh as vice president of marketing and Reliance executive ....

28 February, 2017
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Fidelity slashes Flipkart's valuation to $5.56 bn

Binu Paul

Fidelity Rutland Square Trust II, the mutual fund managed by Fidelity Investments, has lowered the value of its investment in ....

25 January, 2017

Flipkart suffers another markdown as Vanguard slashes stake value by 33%

Binu Paul

A mutual fund managed by US-based investment firm Vanguard Group has marked down the value of its stake in Flipkart by 33%, joining ....

2 December, 2016

Flipkart's valuation down to $5.57 bn after Morgan Stanley slashes value of its holding

Binu Paul

A mutual fund managed by Morgan Stanley has marked down the value of its shares in Flipkart by 38.2% leaving India's largest e-commerce ....

29 November, 2016

Exclusive: ShopClues acquires two startups to build seller support

Disha Sharma

Gurgaon-based e-commerce firm ShopClues has acquired two startups to enhance support for merchants on its marketplace platform, ....

17 October, 2016

Flipkart gets a valuation boost from Fidelity

Binu Paul

After a string of six successive markdowns, Indian e-commerce giant Flipkart has received a welcome break from American mutual ....

28 July, 2016

Local services classifieds Sulekha raises over $28M in Series C led by Singapore's GIC

Bhawna Gupta

Sulekha.com New Media Pvt Ltd, which runs a digital classifieds platform for local services, has raised over Rs 175 crore from ....

20 April, 2015

Ola raises $400M Series E round from DST, GIC, Falcon Edge & others; valued at $2.4B

Hiral Trivedi

Mumbai-based ANI Technologies Pvt Ltd, which runs online cab booking service Ola (formerly Olacabs), has raised $400 million ....

16 April, 2015

Xiaomi raises $1.1B from All-Stars, DST Global, GIC & others at $45B valuation

Sainul K

Chinese smartphone manufacturer Xiaomi, which also has a good presence in India, has confirmed that it has received $1.1 billion ....

29 December, 2014

Xiaomi raises over $1B from All-Stars Investment, DST Global, others

Sainul K

Chinese smartphone manufacturer Xiaomi, which also has a good presence in India, has netted over $1 billion in funding led by ....

21 December, 2014